Several affiliates of the insurer Lloyd’s of London and another major insurer has countersued Kanye West’s touring company, Very Good Touring Inc.. The insurance companies’ suit alleges that the touring company is held back on information – about West -that prevented them to conduct a proper investigation. In early August, Very Good Touring Inc., filed a nearly $10 million lawsuit against a group of insurers. The touring company claimed that insurers breached their contract (and breached good faith) when they decided not to fulfill the claim after West’s canceled the 2016 Saint Pablo Tour due to health concerns. The insurers are standing on the grounds that West’s policy did not cover loss due to undisclosed pre-existing conditions or “possession or use of illegal drugs” and such. Also, the countersuit cites that underwriters “have not been able to reach a final conclusion (regarding the claim) … as of this date because of the insured’s failure and/or refusal to produce additional information that was requested by Underwriters”. Underwriters, basically, have withheld information due to West’s confidentiality agreement. Insurers cited “substantial irregularities” in West’s medical history and the touring company’s “failure to cooperate” during the investigation. Additionally, the insurers believes that the touring company and West could have controlled the outcome of the Saint Pablo Tour and provided ALL of the requested information in order to do a thorough investigation. Very Good Touring Inc. tells ABC News that Lloyd’s countersuit is just a normal tactic they use when they do not want to fulfill an insurance claim. “Lloyd’s counterclaim for declaratory relief is the same generic response Lloyd’s files in all cases when they don’t want to honor a legitimate claim but can’t find a factual basis to deny a claim,” he said. “We look forward to the day a jury awards our client the full amount of the policy he purchased, plus interest at 10 percent per annum, along with punitive damages for Lloyd’s bad faith in not paying (or even denying) the claim.” The insurers deny the allegations against them and that West’s denied claim is based on his marijuana usage is completely false.
